Exor announced the sale of a 4% stake in Ferrari to institutional investors, valued at €3 billion. Click here to find out why I rate EXXRF stock a Buy.
The age of the ICE is far from over. These are some exciting internal combustion engines that we'll see in the next few years.
RBC Capital analyst Tom Narayan maintained a Hold rating on Stellantis (STLA – Research Report) today and set a price target of €12.00.Discover
Chariman of Stellantis, chairman of Ferrari and CEO of Exor John Elkann. © 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes ...
Formerly owned by Fiat, the car producer founded by the Agnelli family and now a part of Stellantis NV, Ferrari was spun off almost a decade ago. Its market capitalization on the New York Stock ...
Electric motorcycle brand Ultraviolette is said to be working with Ferrari on a brand-new scooter which could be unveiled this week. It’s believed that Ferrari is involved in the new ‘high-performance’ electric scooter from Ultraviolette thanks to the startup company being backed by Exor N.V. - the firm that’s also behind Ferrari and Stellantis.
Ferrari accounts for about 50% of Exor's net asset value (NAV). After the share sale, which will be settled on March 3, Exor will remain Ferrari's top investor with a 20% stake and 30% of voting rights. "Our commitment to remain (Ferrari's) largest shareholder for the long term is stronger than ever," Exor CEO John Elkann said in a statement.
Citi analyst Harald Hendrikse maintained a Hold rating on Dowlais Group PLC (DWL – Research Report) today and set a price target of
Ferrari shares were down 7% in early trading after closing ... Exor is the single largest shareholder in automaker Stellantis and Dutch group Philips. It controls manufacturers Iveco and CNH, as well as Serie A soccer club Juventus. It also has investments ...
The Italian luxury automaker had initially announced the MC20 Folgore in 2020 as part of a broader push towards battery-electric vehicles (BEVs). The model was expected to deliver a powerful 700-horsepower tri-motor setup,
Both Aston Martin and Maserati are reevaluating their plans for future electrification models, as budget and job cuts force the businesses to decide whether there is an appetite for future EVs bearing the recognizable performance badges.
EXOR ANNOUNCES THE SUCCESSFUL PRICING OF THE ACCELERATED BOOKBUILD OFFERING FOR APPROXIMATELY 4% OF FERRARI’S OUTSTANDING SHARES Exor N.V. (“Exor”) announces the successful pricing of the previously announced accelerated bookbuild offering involving the sale of approximately 7 million common shares of Ferrari N.